Today's Economic Data Docket - NFP On Deck

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Fri, 07/08/2011 - 07:49 | 1435454 alexwest
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Fri, 07/08/2011 - 07:39 | 1435459 Ray1968
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Today is my 1 year anniversary of being a ZH member. Coincidentally, it is my last day on my current job. Just a coincidence.

NFP?? Phoey!

Fri, 07/08/2011 - 07:45 | 1435471 alien-IQ
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I guess it'll boil down to how many jobs McDonald's added and the birth/death voodoo.

The magic of government statistics.

Fri, 07/08/2011 - 07:48 | 1435477 pendragon
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expect another +150kish births deaths joke/ fudge pump model adjustment that the economists seem to miss every month

Fri, 07/08/2011 - 07:51 | 1435484 cosmictrainwreck
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well, I dream of being smart enough some day to figure out this: we add 125,000 jobs in a month, and get 400,000 new jobless claims per week. have I got my time-frames wrong? 

Fri, 07/08/2011 - 07:51 | 1435485 pendragon
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with 420k + weekly claims the economy cannot be creating net jobs but doubtless the post qe2 economic data upside surprise conspiracy will be continued.

Fri, 07/08/2011 - 07:56 | 1435498 HITMAN56
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im in for 115k...prob will be higher...seeing how its 1. all BS and B. will be totally cooked #s

Fri, 07/08/2011 - 08:04 | 1435517 101 years and c...
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put me down for 45-60K.  markets already rallied 8% in a week.  what a great way to destroy all the bagholders that have piled in at the top.

 

Fri, 07/08/2011 - 08:04 | 1435519 Greeny
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I'm IN for 132K

Fri, 07/08/2011 - 07:58 | 1435500 youngman
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we need 250-300,000 jobs a month to get positive again...so 115-150,000....we are still losing...I also heard today the new normal unemployment is 6.5%...when during Bush the 4.7% was terrible according to the liberals/Socialists..only one stat to watch....foodstamps....no changes there..

Fri, 07/08/2011 - 08:16 | 1435550 Boilermaker
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Irrelevant...true, but irrelevant.

Fri, 07/08/2011 - 08:03 | 1435516 Archimedes
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I have a funny feeling the number is going to be huge! A 200K birth Death model, 174K Private sector Jobs and only 54K loss on Govt. Jobs for a total of:

320K jobs added! All that summer hiring for the Month of June to be fired in early August.

Hey, You ever notice the Birth Death number is always a positive number? You mean there is never a time when we actually have a net loss of business being created or destroyed?

Anyway that is my estimate. Joe Lavornga signing out.

 

 

Fri, 07/08/2011 - 08:08 | 1435529 pendragon
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seems that way. jan is the only month when it's really negative...

Fri, 07/08/2011 - 08:09 | 1435532 101 years and c...
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The birth/death gets 'adjusted' every year in Jan or Feb. Usually a huge downward revision of 800-1000 jobs. 

Fri, 07/08/2011 - 08:04 | 1435521 alien-IQ
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the only real question is: Will the /ES break 1360 before 8:30 or will it stay flat and then explode to a fresh high over 1370 at 8:31?

Fri, 07/08/2011 - 08:10 | 1435535 Wm the Shrubber
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I see that the TOTUS will be making a statement regarding the jobs report at 10:35am.  This can only mean that he already knows what it is, that an extremely large beat fis in store, and for this he must quickly claim credit and perpetuate the recovery illusion.

Fri, 07/08/2011 - 08:11 | 1435536 Wm the Shrubber
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I see that the TOTUS will be making a statement regarding the jobs report at 10:35am.  This can only mean that he already knows what it is, that an extremely large beat is in store, and for this he must quickly claim credit and perpetuate the recovery illusion.

Fri, 07/08/2011 - 08:11 | 1435537 Wm the Shrubber
Wm the Shrubber's picture

I see that the TOTUS will be making a statement regarding the jobs report at 10:35am.  This can only mean that he already knows what it is, that an extremely large beat is in store, and for this he must quickly claim credit and perpetuate the recovery illusion.

Fri, 07/08/2011 - 08:30 | 1435591 alien-IQ
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18,000 LOL!!!!!!!!!!!!!!!!!!!!!!

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